$1,430,000 FOR SALE

Office

5 Riverview Avenue
St George, NB E5C 3M1

This well-maintained, single-tenant office building is located off the high-speed connector, offering excellent access to larger urban centres, the closet being Saint John. The building spans 5,281 square feet and is fully occupied by the Province of New Brunswick and has been the tenant since the building was built. Building has been well maintained and has been home to Public Health with the Province of New Brunswick since then ensuing excellent covenants and stable income. Services are offered by the tenant to surrounding areas such as St. Stephen and Pennfield. This single tenant office building is a one-storey above grade with poured, reinforced concrete slab. Exterior is wood shingle with stained finish. HVAC units are located at the rear of the building and there is also perimeter electric baseboard heating. Public and employee washrooms throughout. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Properties in the immediate area include Cooke Aquaculture facility as well as other plants. government facility services a large service area. Vendor owns two other properties so a package deal is possible, even under a share sale for 100% of Round Square Holdings Ltd. for all three properties. (id:47423)

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Listed By Colliers International
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB105846
Last Updated Oct 01, 2024
Property Summary
Property Type Office

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Use Office
Price History
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Detailed Information
Amenities Nearby Shopping
Equipment Water Heater
Features Level lot, Visual exposure
Municipal ID 15080047
Ownership Type Freehold
Property Type Office
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Other
Business Subtype Offices
Building
Constructed Date 1988
Cooling Type Air Conditioned, Heat Pump
Fire Protection Smoke Detectors
Heating Fuel Electric
Heating Type Baseboard heaters, Heat Pump
Roof Material Asphalt shingle
Roof Style Unknown
Total Finished Area 5281 sqft
Land
Total Size 22874 square feet
Access Type Year-round access
Amenities Shopping
Landscape Features Landscaped
Size of Irregular Land 22874

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